Education asset finance

Education Asset Finance

An increasing number of Local Education Authority (LEA) run schools and academies have turned to operating leasing to fund new equipment. We understand education finance legislation and will provide a lease which complies with the various rules concerning the evaluation of Finance and Operating Leases.

Finance options for LEA schools, academies and the education sector

We help many schools and academies with the finance needed to secure necessary new equipment by way of an operating lease. We understand education finance legislation and will secure you a deal that adheres to these regulations whilst still remaining competitive.

We know the needs of your own organisation can be fairly unique, and we offer support and guidance which is specific to this.  We also promise to talk in plain English, so that along every step of the way, you’re clear on what’s happening and why.

What do we finance?

Here’s a sample of the type of equipment we can help finance. To find out more please contact us.

  • Wi-fi systems
  • IT equipment
  • Playground equipment
  • Door entry and alarm systems
  • LED lighting systems
  • Catering equipment
  • Interactive whiteboards and screens
  • Demountable modular buildings
  • Tablet storage and charge lockers
  • CCTV systems
  • PE gym equipment
  • Pupil entry metal detectors
  • Pupil entry systems (finger print recognition)
  • Wood/metal lathes milling machines
  • Telephone systems
  • Stage equipment

What happens at the end of the Operating Lease?

At some point towards the end of the lease you will be asked what you would like to do with the equipment at the end of the lease rental term.

You have two choices:

  1. Return the equipment. If you do not require the equipment anymore you can return it. The return of the equipment will be in accordance with the return conditions signed at the outset of the lease. The option is commonly taken where there is an opportunity to upgrade to more advanced equipment.
  2. Continue to use the equipment for a further period of time and pay additional lease rentals. The new rentals will be negotiated when the end of lease discussion takes place. The new rentals will be at “fair market value”. Extended use can be anything from a month to a number of years, whatever makes sense for the school.

Why Choose Arkle Finance?

Here are some good reasons to select AFL as a finance partner.

Effective Service

Every day we set out to be prompt, diligent, flexible, straightforward, reassuring, and responsive.

An Attentive Team

A member of our team will personally answer your call quickly and ensure that your call is handled appropriately.

A Tailored Service

A member of our team will answer your call quickly, listen to your enquiry carefully and respond with the right facility according to your specific needs.

Great Customer Experience

We provide a transparent, indispensable and inspiring customer experience, setting out to be prompt, diligent, flexible, straightforward, reassuring, and responsive.

Professional & Trustworthy

We are ethical and trustworthy lenders who communicate clearly, without unnecessary jargon. We always try to lend responsibly and treat our customers and stakeholders fairly.

Straightforward Talking

We will always communicate clearly and without unnecessary jargon.